Monthly Rent Report

City Island Rent Report — May 2024

Asking rents in ZIP 10464, New York City, from 34 listings.

Median 1BR rent in City Island was $1,550 in May 2024, down 18.4% (−$350) from April 2024 and down 16.2% year-over-year. The middle half of 1BR listings asked between $1,550 and $1,550. That puts City Island $875 below the New York City citywide 1BR median of $2,425. The month's figures are based on 34 listings across 10 bedroom categories.

Median Rent by Bedroom Count

BedroomsMedianVs. April 2024Vs. May 2023P25–P75 RangeListings
Studio$1,500−$700 (-31.8%)$1,500 – $1,5004
Studio$1,500−$700 (-31.8%)$1,500 – $1,5001
1BR$1,550−$350 (-18.4%)−$300 (-16.2%)$1,550 – $1,5501
1BR$1,850−$50 (-2.6%)$0 (0.0%)$1,850 – $1,8506
2BR$2,575−$725 (-22.0%)−$500 (-16.3%)$2,438 – $2,7132
2BR$2,800−$500 (-15.2%)−$275 (-8.9%)$2,800 – $2,87511
3BR$3,332+$132 (+4.1%)−$243 (-6.8%)$3,200 – $3,4994
3BR$3,200$0 (0.0%)−$375 (-10.5%)$3,200 – $3,2001
4BR$4,000$0 (0.0%)+$800 (+25.0%)$4,000 – $4,0002
4BR$4,000$0 (0.0%)+$800 (+25.0%)$4,000 – $4,0002

Median, P25, and P75 are asking rents from listings posted in May 2024. Changes compare against the nearest prior month with data.

City Island vs. New York CityMay 2024

BedroomsCity Island MedianNYC Citywide MedianDifference
Studio$1,500$2,350−$850 (-36.2%)
Studio$1,500$2,350−$850 (-36.2%)
1BR$1,550$2,425−$875 (-36.1%)
1BR$1,850$2,425−$575 (-23.7%)
2BR$2,575$2,914−$338 (-11.6%)
2BR$2,800$2,914−$113 (-3.9%)
3BR$3,332$3,600−$268 (-7.4%)
3BR$3,200$3,600−$400 (-11.1%)
4BR$4,000$4,250−$250 (-5.9%)
4BR$4,000$4,250−$250 (-5.9%)

Citywide figure is the median of zip-level medians across 176 New York City zip codes with listings in May 2024.

Advertisement